nCino Q2 FY27 slides reveal subscription reacceleration, margin gains

nCino (NCNO) reported Q2 2027 earnings of $0.12 per share, missing estimates by 55.6%, with revenue of $159.4M, up 11.0% year-over-year. The company had 2,700 customers and $13.6M in net income. Management forecasts Q3 revenue between $157.8M and $159.8M. Analysts' consensus is 10 buy, 5 hold, 0 sell.

nCino reported Q2 FY2027 revenues of $161.0M, up 8% YoY, with subscription revenues at $143.5M, up 10%. GAAP operating margin improved to 8%, while non-GAAP margin reached 25%. The company announced a $100M stock repurchase program. Key customer expansions and a positive financial outlook were highlighted. According to the company, cash and equivalents were $83.6M as of July 31, 2026.

nCino reported 8% revenue growth in Q2 FY27, driven by AI adoption and international expansion. The company raised its FY27 guidance, expecting non-GAAP operating income to rise 33% and free cash flow to increase 69%, despite mortgage industry challenges.

nCino reported 12 of its top 20 U.S. enterprise customers transitioned to platform pricing, with 48% of total ACV on this model. Over 230 customers purchased AI Intelligence Units, and international revenue grew 9%. U.S. mortgage revenue fell 1% YoY due to market pressures. Q3 guidance projects 7% total revenue growth, with full-year outlook raised for operating income and free cash flow. The company repurchased 4.2M shares at $15.41 each.

nCino (NCNO) reported Q2 FY2027 revenue of $161.0M (+8% YoY), GAAP profit of $5.1M vs. loss last year, and 170% FCF growth. It authorized a $100M buyback. Guidance raised for Q3 and FY2027, with revenue expected between $161.25M-$163.25M and $644M-$647M, respectively.

nCino (NASDAQ: NCNO) reported Q2 CY2026 revenue of $161M, up 8.2% YoY, beating estimates. GAAP EPS was $0.05, exceeding expectations by $0.02. The company expects Q3 revenue around $162.3M. CEO Sean Desmond highlighted customer expansion and AI capabilities. Shares fell 3.6% post-results.